67% of the UK adult population don’t have a Will. There are plenty of reasons to write a Will and very few reasons why you wouldn’t need one.
With ever more complicated family scenarios it is important to understand what would happen to your estate if you were to pass away without a Will. This is known as dying intestate.
IF YOU are a single person you may wish for your estate to be distributed amongst friends; relatives; charitable bodies or institutions of your choice and in the proportions as specified by you.
IF YOU are married or in a civil partnership do not presume that your other half will get everything. Your siblings or parents may have a claim against your estate. Often, your children will have a right to part of your estate. If you are living as an unmarried couple you could be treated as a single person with your surviving partner receiving nothing at all. One thing you can be certain of – there will be arguments and disputes at a time when the family should be coping with the loss of a loved one.
IF YOU are a parent, you may wish to consider who would look after your child/children in the event of your death. This is particularly important for single-parents and unmarried fathers without parental responsibility (PR) for births prior to December 2003. A valid Will nominating guardians is invaluable in such cases. If no one knows what you would have wanted, the Court will decide on the future of your children, and it may not be what you would have wished.
IF YOU have retired maybe you made a Will a long time ago. It probably needs updating to include additional grandchildren or deletion of persons whom you no longer wish to leave anything to.